$1,899,999
For sale: Other

Excellent opportunity to acquire a freestanding commercial investment property in a high-visibility location on Dundas Street East (Highway 2), in the heart of Whitby.Situated on an approximately 55 ft. x 155 ft. lot, the building offers approximately 2,150 sq. ft. of ground-floor space plus an additional 600 sq. ft. second-floor mezzanine. The automotive service area features three service bays with three hoists, office space and ample surface parking.The property benefits from General Commercial / C2-S zoning, historically permitting a variety of commercial uses, including automotive-related uses and used vehicle sales. Its freestanding configuration, excellent street exposure and easy accessibility make it an attractive long-term commercial investment.Conveniently located minutes from Highway 401 and surrounded by established residential, retail and commercial development. A brand-new townhome and condominium community directly adjacent to the property further strengthens the surrounding customer base and enhances the property's long-term investment and redevelopment potential.A rare opportunity to acquire a well-located, income-producing freestanding commercial property in the growing Town of Whitby, complete with an established tenant already in place.
Sold data
Homes in Whitby (Pringle Creek) took a median of 20 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 35, across 383 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.
The median sale price was $855,000.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 22% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 383 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Whitby (Pringle Creek) has 38 Fraser Institute–rated schools (30 elementary and 8 secondary), averaging 7.0/10.
School ratings from the Fraser Institute's Ontario school report cards.
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